Job Schedule: Maximum of 35 to 40 hours a week - 5 days a week. *Would be nice if candidate is local and able to come into office Wednesdays.
Target Pay: $ 35-45 (BID)
Duration:6 months
Overview:
The IT Vendor Management professional is responsible for supporting and leading vendor-related contracting, sourcing, negotiation, and supplier governance activities. This role requires strong knowledge of contract terms, business requirements, legal and financial considerations, and the ability to work collaboratively with internal stakeholders, external vendors, Procurement, Legal, Finance, and IT teams to ensure timely and effective execution of vendor engagements.
Responsibilities:
Lead and coordinate the end-to-end contract process for IT vendor engagements, ensuring business, legal, financial, and operational requirements are understood, documented, and addressed.
Review, interpret, and support negotiation of contract terms and conditions, including business-specific requirements, pricing, service expectations, and vendor obligations.
Partner with Business, IT, Procurement, Legal, and Finance stakeholders to evaluate vendor requests, analyze costs, resolve issues, and keep contract and sourcing activities on schedule.
Plan and manage RFI and RFP activities in collaboration with IT, business stakeholders, and Corporate Procurement, including information gathering, vendor communications, presentation coordination, follow-up, and selection support.
Communicate effectively with vendors throughout sourcing, negotiation, onboarding, and contract execution activities.
Support vendor selection and negotiation activities for IT goods and services, applying sound judgment, strong negotiation skills, and alignment with internal processes and governance standards.
Lead strategic supplier management activities using an evidence-based vendor classification model across defined supplier tiers.
Manage up to five vendor governance forums, scaled appropriately by vendor tier and business criticality.
Maintain and monitor vendor risk registers, ensuring risks, issues, actions, and decisions are tracked and escalated as appropriate.
Apply a baseline-first KPI model and minimum global data set to support consistent vendor performance measurement.
Use a five-dimension vendor scorecard to assess IT vendor performance, risk, value, relationship health, and service delivery effectiveness.
Qualifications:
Minimum of 5 years of relevant experience in vendor management, contracts, sourcing, procurement, supplier relationship management, or a related business function.
At least 1 year of project management experience preferred.
Strong understanding of contract structures, legal and financial terms, business requirements, and vendor obligations.
Excellent written and verbal communication skills, with the ability to interact professionally with vendors and internal stakeholders at multiple levels.
Strong organizational, time management, analytical, and follow-up skills, with the ability to manage multiple priorities and complex documentation simultaneously.
Ability to work independently and collaboratively to solve complex problems, drive decisions, and keep activities moving forward.
Demonstrated ability to influence stakeholders, manage change, assume responsibility, and make sound decisions in alignment with established processes.
Technical aptitude and ability to learn and use various business, procurement, contract management, and vendor management systems.
High attention to detail, sound judgment, and commitment to confidentiality, accuracy, and process compliance.
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Numbers & Facts
Location
Basking Ridge, NJ
Industry
Staffing/Employment Agencies
Salary
$35–$45 Per Hour
Company Size
500 to 999 employees
Website
https://www.thefountaingroup.com/
About Company
The Fountain Group provides Contingent Labor, Statement-of-Work, and Contingent-to-Permanent resources to clients with an internal/external Contingent Labor Managed Service Program or Clients without a program. The Fountain Group is committed to the belief that we all share in the responsibility to conduct our businesses in a socially and environmentally responsible manner. We base this on the premise that a company is much more than the products it offers. The effect a company has on the environment, the people and the communities it serves reflects the company’s dedication to being not only a good business, but to being a good corporate citizen. The Fountain Group believes the key to servicing a client is to identify the client demand precisely. Therefore, The Fountain Group focused its efforts on building and developing a process, which can identify an exact match for our client’s needs. Our process utilizes modern technology combined with 30+ years of Talent Acquisition experience to deliver Precision resources. Financial strength is prominent among The Fountain Group’s corporate values. The future of our business will be built on the innovation, compassion, outstanding services and technology, but a solid financial foundation is required to carry us forward to meet our business goal and support our long term vision.
Skills
Analysis Skillsunmatched
Change Managementunmatched
Communication Skillsunmatched
Contract Negotiationunmatched
Cost Analysisunmatched
Data Setsunmatched
Detail Orientedunmatched
Documentationunmatched
Financeunmatched
Financial Analysisunmatched
Financial Operationsunmatched
Follow Throughunmatched
Healthcareunmatched
IT Procurementunmatched
Legalunmatched
Multitaskingunmatched
Negotiation Skillsunmatched
Onboardingunmatched
Organizational Skillsunmatched
Performance Analysisunmatched
Performance Metricsunmatched
Presentation/Verbal Skillsunmatched
Pricingunmatched
Problem Solving Skillsunmatched
Process Developmentunmatched
Procurement Managementunmatched
Project/Program Managementunmatched
Purchasing/Procurementunmatched
Regulatory Requirementsunmatched
Request for Proposals (RFP)unmatched
Riskunmatched
Risk Managementunmatched
Scorecardingunmatched
Service Deliveryunmatched
Supplier Relationship Management (SRM)unmatched
Team Playerunmatched
Technical Supportunmatched
Time Managementunmatched
Vendor/Supplier Evaluationunmatched
Vendor/Supplier Managementunmatched
Vendor/Supplier Planningunmatched
Vendor/Supplier Relationsunmatched
Vendor/Supplier Selectionunmatched
Vendor/Supplier Sourcingunmatched
Writing Skillsunmatched
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